CUET 2024 Economics Government Budget and the Economy MCQ Question Answers

by | May 18, 2022 | General | 0 comments

 

Economics Government Budget and the Economy MCQ Question Answers for CUET 2024 

1. How many types of revenue receipts are there?
a.
b.
c.
d.

2. _________= Net borrowing at home + Borrowing from RBI + Borrowing from abroad
a.
b.
c.
d.

3. Examples of such goods are national defence, roads, government administration etc. which are referred to as
a.
b.
c.
d.

4. Which of the following is the capital expenditure?
a.
b.
c.
d.

5. The intervention of the government whether to expand demand or reduce it constitutes the
a.
b.
c.
d.

6. Borrowing in the government budget is referred as:
a.
b.
c.
d.

7. An economy in which there is both the private sector and the Government is known as a
a.
b.
c.
d.

8. Which is a component of Budget?
a.
b.
c.
d.

9. What is the annual statement of the government’s fiscal revenue and fiscal expenditure known as?
a.
b.
c.
d.

10. What refers to the excess of government’s revenue expenditure over revenue receipts?
a.
b.
c.
d.

11. Which expenditure is committed and can’t be reduced?
a.
b.
c.
d.

12. When government spends more than it collects by way of revenue, it incurs __
a.
b.
c.
d.

13. Non-plan capital expenditure covers which of the following Service?
a.
b.
c.
d.

14. __________consist of interest payments minus interest receipts by the government on net domestic lending
a.
b.
c.
d.

15. Capital budget consists of:
a.
b.
c.
d.

16. Which of the following is a correct measure of primary deficit?
a.
b.
c.
d.

17. Government deficit can be reduced by an increase in ______or reduction in _________.
a.
b.
c.
d.

18. The amount collected by the government as taxes and duties is known as _______
a.
b.
c.
d.

19. Budgetary deficits must be financed by
a.
b.
c.
d.

20. Full form of SLR
a.
b.
c.
d.


 

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